EO Accelerator Helps You Reach $1 Million MarkBy Amanda Lewan on March 2nd, 2016 /
Entrepreneurs Organization is a global community of founders that helps entrepreneurs tap into the minds, resources, and insights needed to scale.
In Detroit, local entrepreneur April Clarke founder of Xpress Transportation, a medical transportation company, will officially lead the Detroit EO Accelerator in July 2016, taking over for Bob Kuehne of Blue Newt Software in Ann Arbor. April says the program is great for those in early stages showing revenue between $250,000 – $1 million. By entering their accelerator program, they aim to help you get to the $1 Million mark.
“We want to help you get to the million dollar mark in three years. We want those to participate who are dedicated to growing,” she said.
As one of only sevent women in EO, which has a requirement of $1 million in revenue to join, April is passionate about giving back and supporting new entrepreneurs. You can join the accelerator by applying and paying an annual fee of $1,500. The perks include access to a very talented network of successful entrepreneurs, resources, and insights. You must be able to dedicate 1 day per quarter to accelerating the business.
“We’ll help you whether it’s uncovering strategies for cash flow or hiring techniques,” she said. “”Entrepreneurs explore these types of topics as well with meet with mentors, who serve as accountability partners once a month.”
The Detroit area chapter of EO has over 100 entrepreneurs in it. The group represents over a billion in revenues, Clarke said. April Clarke herself is an entrepreneur who’s company provides more high quality services for transportation. She joined EO to gain experiences to grow her business and also network with peers.
“Right now there are a lot of companies trying to get into the non-emergency transport business but the ones around weren’t doing a great job,” she said. “We wanted to provide a higher quality of service. Our customers have mobility issues. We provide transportation for those things, and now anyone who has a mobility challenge, whether it’s going downtown, etc.”